A Gift To Remember (The Consignee)

1395 King St. N., P.O. Box 617

St. Jacobs, ON  N0B 2N0

(519) 664-1831  FAX:  (519) 664-2845

E-mail:  agifttoremember1@gmail.com

 

CONSIGNMENT

 

A Gift to Remember is well known for it’s hand made Canadian products by

local artisans. We are always looking for new artisans to display their

products in our store.  

 

Consignment Period:

 

The minimum consignment period is six (6) months.  The penalty for early withdrawal is forfeiture of the last month’s consignment fee which the Consignor will have prepaid at the time of joining.  This Agreement will automatically be renewed on a month-to-month basis, at the then prevailing fee rates, if the Consignor chooses to remain on consignment.

 

Fees:

 

Administration Fee:

A one time only administration fee of $25.00 (plus HST) will be levied to cover the cost of opening and maintaining the account.  

 

Monthly Fee:

A monthly fee of $50.00 plus HST will be charged.  This fee is fixed for the six month period of the consignment agreement.  The first month’s fee will be prorated, based on the number of days remaining in the current month.  

 

Commission Fees:

A commission fee of 20% will be deducted monthly to cover operating expenses.   .

 

Payment of Fees:

The Administration Fee, first month and last month’s initial payment can be made by cash, debit or credit card.  All future payments will be made by automatic withdrawal from your account on the first business day of each month.  

 

Pricing of Goods:

 

You, the Consignor, will determine the amount to be remitted to you by the Consignee for each item placed on consignment in the event that item is sold (i.e. the base price).  The Consignee will apply a markup of 20% to this price to arrive at the selling price of each item.   

 

Payment for Goods Sold:

 

Payment for goods sold each calendar month will be made by direct deposit.  Direct deposit will be in your bank account within 3 to 5 business days after the 1st of the month.  

 

Reports:

 

Reports itemizing each of the Consignor’s items that were sold, the date each sold and the base price of each, is available on our website on a daily basis.  

 

Discount on Purchases:

 

The Consignor may purchase any regular priced goods in the store, at a discount of 10%. There will be no discount on reduced or sale items.  

 

Online Shopping:

 

We also provide Online Shopping on our Website.  You can advertise 15 products on our Online Shopping for $5.00 plus HST per month.

 

Outside Space:

 

If you would like to display products outside of the store, we offer this to our Consignor’s for $5.00 plus HST per foot.  Products are displayed outside of the store from April to December.  

 

How Do I Sign Up:

 

For further details you may visit the store, e-mail us at agifttoremember1@gmail.com, or call us at

(519) 664-1831